Business Management - Operations

The operations function consists mainly of activities that are preformed on a ___ basis

• Daily

• Weekly

• Monthly

• Yearly

Which of the following is an example of one of a business's inputs:

• Services

• Products

• Employees

• Goods

Operations managers have to a main goals in mind - efficiency (keeping costs low) and...

• Legality (keeping the business in good standing with the law)

• Productivity (keeping business running fast)

• Reputation (keeping up the business's good name)

• Effectiveness (keeping customers satisfied)

The foundation of the operations function is...

• Maintenance & Repairs

• Production Planning

• Purchasing

• Quality Control

Which of the following is NOT a main factor in a business's sight selection decision:

• Community

• Media

• Costs

• Labor

Which operations activity is also referred to as a procurement?

• Legistics

• Inventory Control

• Quality Control

• Purchasing

A clothing manufacturer checks one pair of pants out of ever shipment to ensure the quality of its product. This process is known as quality

• guarantee.

• delivery.

• inspection.

• assurance.

A clothing manufacturer builds quality into it operating system, placing responsibility on each employee. This process is known as quality

• guarrantee.

• delivery.

• inspection.

• assurance.

The money it takes to keep inventory in stock is called a ___ cost.

• holding

• stockout

• purchasing

• production

Running out of inventory can result in...

• higher taxes.

• lost sales.

• higher productivity.

• more satisfied customers.